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science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. d. this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: with the election over, there's new talk in washington about finally coming to grips with taxes, spending and the deficit. the mammoth problem has been hanging over congress and president for many months, and now, time is running out. in just five days, lawmakers troop back to the capitol for a final, lame-duck session. and they are under mounting pressure to avoid going off the much-talked-about fiscal cliff. come january 1, the bush-era tax cuts will expire as will a 2% payroll tax cut that was passed in december of 2010. at the same time, large automatic spending cuts would begin to bite-- 10% less for defense in 2013 and an 8% cut in domestic programs. the result-- according to federal reserve chairman ben bernanke-- could be disastrous. he said this
making the wood fire resistant. taking advantage of this technology he's in charge of a big project. the projes collaboration between industry and a leading university. its aim is to construct a high-rise biluilding using noncombustible lumber. wooden buildings are lighter than steel reenforced ones and the elastic allows vibrations to be absorbed. because of this they are known to be resilient to rthqkes. disaster may strike again but he's determined to keep contributing to the creation of materials that can with stand damage. >> translator: noncombustible lumber is useful for building a nation and we'll be able to provide special spaces of a type never seen before. >> reporter: is it possible to build a whole noncombustible town? he aims to take up the challenge. >>> the government abolished prepublic sensorship earlier this year. media is discovering new ways to question authority. we report on a comic artist who has documented some of the changes. >> reporter: standing in the largest city. it has a variety of newspapers and magazines. many publications include satirical cartoons
were weak, falling 1.6%. and the tech sector was down another 1.4%. technology has been particular weak in this recent market sell- off. new product launches from apple and microsoft have not been enough to erase worries about consumer and company spending on technology. the sector exchange traded tells the story-- it fell 1.4% today at a three and a half month low. internet networking gear maker cisco systems was among those leading the way lower. it fell 2.2%. cisco is due to report earnings next week, giving investors a peak into its turnaround effort and corporate tech spending. the holiday sales may be starting earlier than ever this year, but some retailers, they've seen investor sales hit their stock prices. kohl's and coach target different types of shoppers, but both suffered stock drops. coach fell 5.3%. coach's business has been helped by its stores in china. a new set of communist leaders are expected to be announced in china in the coming days. meantime, kohl's fell 5.1%, despite better than expected quarterly results. it's holiday forecast was a little shy of expectations.
interesting. >> a lot of western technology firms build for instance disk drives in thailand. when thai experienced severe flooding those western companies got hit. what is attractive about thailand for long-term investors? >> it's mainly political to begin with. as you know they went through a lot of political turmoil. you had the red shirts, the yellow shirts, fighting on the streets of bangkok and so forth but they have a fufl foundation for political stability which is very good. and also they have a very diversified economy. >> we'll continue talking with mark mobius tomorrow, china's communist party selects a new set of leaders this week. we will talk about how this change in power could impact china's economic relationship with america, and american investors. >> reporter: i'm sylvia hall in washington- still ahead, u.s. borrowers owe more than $1 trillion in student loan debt. so could helping them pay it down be a $1 trillion industry? i'll introduce you to some entrepreneurs who think so. >> susie: besides the fiscal cliff, investors and traders on wall street were talking abo
will be replaced by two women who worked with him. he's the second high-level executive to leave a technology giant in as many weeks. the head of apple's iphone software unit left in a management shake-up late last month. >> susie: want more evidence that a housing recovery is under way? look no further than home depot's latest earnings report. the home improvement chain released positive third quarter earnings, but it's the company's outlook for the future that is getting the most attention. erika miller reports. ( hammering ) >> reporter: you could say home depot "nailed it," reporting bett than expected third quarter earnings. profits rose 23% from a year ago to 74 cents a share. revenues were up nearly 5%. and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors ofhe economy throu demd for building materials, through more de
are a proct of evolution. >> humans develop so many technologies, but always the hint or ideas are coming from human beings. are we going to use more robots and a robot will take a very important role in society. >> his robots recently appeared in a stage play in italy and in denmark they will join an experiment for the elderly. >>> many people living in japan along the sea of japan coast are experiencing stormy conditions. >> here in japan we are dealing with unstable conditions and upper cold air combined, making this nasty weather. fukui prefecture saw lots of hail and that was reported, so that will be persisting across similar regions all the way up towards northern japan on the sea of japan flank here. but also thunderstorms, frequent lightning, strong gusts. gusts of 75 kilometers r hour reported in niigata prefecture. on the pacific side as well, winds are going to be strong, picking up waves about 3 meters high. on top of that, really cold air is brought across much of the country and keeping things really chilly. this morning we saw very chilly weather. temperatures dropping down to
and science. science and technology are ging us extraordinary insight who we are and how much we share. enormous power for both state and non-state actions. always at the heart of the nation's strengthing its ability to educate and press forward the frontier. these are issues not just to politicians but for all of us including the president. if there's one lesson that is if we can harness capacity for diverse experiences, cooperation and understanding, then there's a possibility for renewed hope. so we continue this evening not with the question of who won the election but where do we go from here. what is the great opportunity for the next four years. joining me, a remarkable group of peple have written and thought hard about the choices ahead. from washington d.c., tom friedman. he's a columnist for the "new york times" and coauthor of that used to be us, how america fell beyond the world we invented and how we can come back. david bureaucrats the author of social love and achievement. joining me is tom brokaw, special correspondent for nbc news and author of the times of our lives,
. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org
Search Results 0 to 9 of about 10 (some duplicates have been removed)